Issue - decisions

Decision

RESOLVED

To recommend the following to Full Council:

a) Approval is requested from Full Council to decrease the 2025/26 capital budget for the Mundesley Coastal Defence scheme to £1,139,806 to reflect the apportionment of £250k from external contributions to the Cromer Scheme.

b) Approval is requested from Full Council to increase the 2025/26 capital budget for the Cromer Coastal Defences scheme to £1,096,067 to reflect the apportionment of £250k from external contributions from the Mundesley Scheme.

c) Note the contents of the Q1 Treasury Management update report, appendix F.

Reason for the decision:

To update members on the current budget monitoring position for the Council.